It looks like you will soon be able to use your iPhone and Apple Pay to withdraw cash from Bank of America ATMs in the US.
Some Bank of America ATM’s already have integration with Apple Pay and you can use your iPhone to make cash withdrawals.
Not all of the Bank of America ATM’s will support Apple’s payment service for cash withdrawals, the service is only available with a small number of ATM’s at the moment.
It is only supported by ATM’s with NFC enabled and not all of them have been updated to use Apple Pay as yet.
When the service is activated on an ATM you will be able to input your PIN and make cash withdrawal using your iPhone.
Source Apple Insider